Asset managers updating hiring practices: PwC

Asset management firms are updating their hiring practices to better meet mounting pressure from regulators, PwC has found.

by | 29 Dec, 2016

A global survey of chief compliance officers (CCO) conducted by the consultancy firm found staff retention was a problem for 66 per cent of respondents, and was driving up the cost of hiring compliance staff, with half of respondents adding their compliance budgets are at peak already.

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